Paris, the capital of France, is the heart of French culture and world famous for great art and stunning architecture. The beauty of the city has made Paris one of the greatest tourist attractions on the globe.
What is the district right of first refusal all about? The Federal Administrative Court in Leipzig put an end to Berlin's preemption practice with its verdict of 09.11.2021. The supposed wonder weapon has become a toothless tiger.
Once the buyer and seller have agreed on the main elements of the contract, they go to the notary to have it notarized. Beforehand, there are a number of things to sort out and check. In Part II of our series, we summarize the key stages of notarization for you.
Regulation has been accompanying the growth of Berlin's real estate market for decades. Even as inflation and interest rate rises and war and corona dominate public discourse, expert committees and working groups continue to focus their efforts on regulating the real estate market. We keep you up to date on activities, whispers and media-present, possible or planned measures, with our regulatory radar.
Universities, business and science locations, technology start-ups, and an increasing number of international high-tech corporations are finding their way to Berlin. The German capital is becoming a pan-European knowledge metropolis and a driver of socio-economic progress. Innovation made in Berlin could become an export hit. This is demonstrated by the latest settlements and tech hubs.
A new and old coalition is emerging in Berlin's federal government that wants to reintroduce the right of first refusal, which was overturned in 2021. The SPD, Left Party and tenant representatives are pulling in the same direction.
In our market reports, we inform you in short intervals about developments on the Berlin real estate market. In this article, we would like to stretch the temporal horizon a bit further and question which phase the real estate cycle in Berlin currently enters, and which developments may be expected.
Buying or selling real estate in Germany is a fairly complex process. A notary always plays a central role, because real estate transactions in Germany cannot be carried out bindingly with a handshake. Learn here what is essential in a real estate purchase contract.